American Strategic Investment Co. Class A Common Stock (NYC)

NYC stock results show that American Strategic beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.

NYC stock results show that American Strategic missed on revenue for the first quarter of 2024.

It's time to start the day with a breakdown of the biggest pre-market stock movers traders need to keep an eye on for Tuesday!

NYC stock results show that American Strategic missed analyst estimates for earnings per share and missed on revenue for the fourth quarter of 2023.

Various REITs are overvalued. Don't hang on to them for too long as serious drawdowns could occur in the following months.

Although U.S. stocks closed higher on Thursday, there were a few notable insider trades.

Companies Reporting Before The Bell • Mach Natural Resources (NYSE:MNR) is projected to report quarterly earnings at $0.92 per share on revenue of $213.43 million.

Investors are constantly on the hunt for undervalued, under-followed, and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance to uncover new information.

Gainers

  On Tuesday, 99 stocks hit new 52-week lows.

Companies Reporting Before The Bell • Consolidated Water Co (NASDAQ:CWCO) is estimated to report quarterly earnings at $0.22 per share on revenue of $30.27 million.

Companies Reporting Before The Bell • Honda Motor Co (NYSE:HMC) is expected to report earnings for its fourth quarter.

Although US stocks closed mixed on Tuesday, there were a few notable insider trades.

New York City REIT Inc. (NYSE: NYC) slumped to even lower lows this week and now trades below $2 after going for $13 as recently as April. 

Equity real estate investment trusts (REITs) have outperformed mortgage REITs, as mortgage real estate investment trusts have posted annualized returns of 8.2% over the past 10 years.

  On Friday, 72 companies hit new 52-week lows.

  Companies Reporting Before The Bell • NeoGenomics (NASDAQ:NEO) is projected to report quarterly earnings at $0.44 per share on revenue of $218.26 million.

  On Wednesday, 70 companies set new 52-week lows.

Gainers Micro Focus International plc (NYSE: MFGP) shares surged 92% to close at $6.01 on Friday after the company reached an agreement with OpenText to be acquired for $6 billion.